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Western Canadian Select (WCS) is the most important oil price index in Western Canada. The price received by Canadian oil producers is often based on WCS. Limited transportation infrastructure causes a large discount in WCS in relation to West Texas Intermediate (WTI).
Crude oil exports account for 10% of Canada's GDP. USD/CAD and the oil price have a positive correlation. (The y-axis to USD/CAD is reversed.) When oil prices rise, the Canadian dollar appreciates. CAD peaked out and reversed before oil prices did in 2008 and 2014.
Petroleum Oil Price Calculator. Calculate the latest Gas, Diesel, Heating Oil, and Kerosene prices in Canada. Convert costs across multiple units like Litre, Barrel, and Gallon. View results in an easy-to-read table.
Mar 1, 2021 · Prices are based on daily closing prices posted on NYMEX in US dollars per barrel. Prices are converted to Canadian dollars per cubic metre using the Bank of Canada’s daily noon exchange rate and applying a volumetric ratio (6.29:1) to convert the price per barrel to a price per cubic metre.
Oil Price Charts. Oilprice.com, in cooperation with its partners, offers over 150 crude oil blends and indexes from all around the world, providing users with oil price charts, comparison...
Examine the current Crude Oil WTI Spot US Dollar rate and access to our WTI USD converter, charts, historical data, news, and more.
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Trade With A Regulated Broker. Get crude oil prices in realtime, including live charts for WTI, crude oil futures prices, historical data, news & analysis.
